NEWS


Treofan to sell its North American business to CCL


Italian investor M&C, which owns Treofan Holdings, is to sell Treofan Americas to Canadian label manufac- turer CCL Industries. The deal is expected to close in the second quarter of this year, subject to regulatory approval and closure procedures. The purchase price, including the acquisition of a new production line that is currently being built, is US$251m (around €205m). As well as having distribution in North, Central and South America, Treofan Americas has a production


employees. CCL will continue the


existing Treofan business in America under the Innovia brand. Walter Bickel, CEO of


Bickel: “We will use sale proceeds to develop our production sites in Europe”


site in Zacapu, Mexico with a nominal capacity of 60,000 tonnes and around 300


Treofan, said: “We will use the proceeds from the sale to de-leverage the company and further develop our production sites in Europe – driving our strategy for profitable growth. We will advance our product portfolio into speciality films and strengthen our research and development in this area.” � www.treofan.com


Film specialist Altor to buy Trioplast


Private equity fund Altor is to acquire plastics film specialist Trioplast Industrier of Sweden. Trioplast, founded in


1965, has a turnover of SEK4.3bn (US$517m) and around 1,000 employees. Its main office is located in Smålandsstenar. The company has production in Sweden, Denmark and France, and its products are


sold globally. “We are impressed with


Trioplast and its manage- ment team and look forward to developing the company further,” said Bengt Mauns- bach, partner at Altor. “We believe there is a lot of potential in the many high-tech product segments and we will keep investing in new technology to produce sustainable plastic.”


Andreas Malmberg, CEO


of Trioplast, added: “Altor has a long-term perspective and we have a common view of how to develop Trioplast.” The transaction is subject


to regulatory requirements and approvals. Once it is complete, Altor and key executives in the manage- ment team will own 100% of the shares. � www.trioplast.com


ECHA: no need to


act on DINP The European Chemicals Agency (ECHA) says that di-isononyl phthalate (DINP), a commonly used plasticiser, does not warrant classification for reprotoxic effects under the European Union’s Classification, Labelling and Packaging (CLP) regulation. ECHA’s risk assess- ment committee (RAC) performed a hazard assessment of DINP and concluded that it could safely be used in all current applications. The proposal to classify DINP was originally submitted to ECHA by Denmark in February 2015. Michela Mastrantonio, manager at European Plasticisers, which represents manufacturers of DINP, said: “We are confident this brings a reassuring message to the industry, the value chain and consumers on the safety and sustain- ability of DINP and flexible vinyl articles made with DINP.” � www.europeanplasticisers.eu


Total Corbion starts PLA plant in Thailand


Total Corbion PLA has begun produc- tion of PLA plastic and lactide mono- mers at a 1,000 tonnes/year plant in Rayong, Thailand. The facility makes a range of its Luminy PLA resins.


“Our customers have been looking


forward to testing and validating our resins” according to Francois de Bie,


8 FILM & SHEET EXTRUSION | April 2018


senior marketing director at the company. “Luminy PLA is now available for customer sampling.” The company will also be able to use the pilot plant for future product development.


On the same site, is expanding its lactide plant capacity to 100,000


tonnes/year, while a 75,000 tonnes/ year PLA polymerisation plant is under construction.


Simon Goldney, plant director,


added: “The PLA polymerisation plant is on track to deliver its first commer- cial quantities of PLA during the second half of 2018.” � www.total-corbion.com


www.filmandsheet.com


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